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Chelsea Island floated for £65m

Chelsea Island 570p


The housing scheme next to Hutchison Whampoa’s Lots Road power station project on the banks of the Thames is up for sale for more than £65m.


Chelsea Island, which has consent for a 198,000 sq ft mixed-use scheme, including 89 flats,10,000 sq ft of shops and leisure facilities, is being sold by the Marcol- and BMB Property-owned special purpose vehicle Chelsea Harbour Ltd.


Sources suggest the homes will sell for up to £1,600 per sq ft.


CBRE and Knight Frank are advising.


 


annabel.dixon@estatesgazette.com


 

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